Williams Companies, Inc. (The) $WMB Stock Position Raised by Tobam

Tobam increased its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 687.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,579 shares of the pipeline company’s stock after acquiring an additional 8,363 shares during the quarter. Tobam’s holdings in Williams Companies were worth $576,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the period. Sivia Capital Partners LLC boosted its position in Williams Companies by 5.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares during the period. Treasurer of the State of North Carolina grew its stake in Williams Companies by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after buying an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in Williams Companies by 3.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after buying an additional 296 shares during the last quarter. Finally, Ieq Capital LLC increased its holdings in shares of Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after acquiring an additional 101,574 shares during the period. Institutional investors own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the completion of the sale, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. This represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 68,500 shares of company stock worth $5,177,835. Corporate insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WMB shares. Canadian Imperial Bank of Commerce boosted their price objective on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Citigroup upped their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. UBS Group raised their price objective on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Truist Financial initiated coverage on shares of Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 target price for the company. Finally, Jefferies Financial Group raised their target price on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $82.40.

Williams Companies Price Performance

WMB opened at $73.16 on Friday. The stock has a fifty day moving average price of $73.37 and a 200 day moving average price of $69.27. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The stock has a market cap of $89.37 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 1.78 and a beta of 0.58.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the firm posted $0.60 EPS. The business’s revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be issued a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is currently 92.11%.

Williams Companies Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.